Stocks down at opening following jobs data
Stocks are down at opening this morning following disappointing employment news from the private sector.
In the first 30 minutes of trading, the Dow is down four-tenths of 1 percent.
The broader S&P 500 and the tech-heavy Nasdaq are down three-tenths of 1 percent.
The ADP employment report released this morning showed that the private sector unexpectedly shed 23,000 jobs in March. Forecasters expected a gain of 40,000 jobs.
In other news, February factory orders were up 0.6 percent, slightly less than expected.
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March 31, 2010; 10:12 AM ET
Categories: The Ticker | Tags: Dow Jones, nasdaq, s&p 500
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